DLocal Limited (DLO) Prices 17M Unit Offering at $52.25/sh

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Go back to DLocal Limited (DLO) Prices 17M Unit Offering at $52.25/sh

DLocal Limited Announces Pricing of Secondary Offering

October 20, 2021 11:44 PM EDT

MONTEVIDEO, Uruguay, Oct. 20, 2021 (GLOBE NEWSWIRE) -- DLocal Limited (dLocal, we, us, and our) (NASDAQ: DLO) announced today the pricing of an underwritten public offering of 17,000,000 Class A common shares which are being offered by certain selling shareholders at a public offering price of $52.25 per share. The offering is being made pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission (SEC).

The offering is expected to close on or about October 25, 2021, subject to customary closing conditions.

In connection with the offering, the selling shareholders have granted the... More